The future of pension provision

The intergenerational contract put to the test.

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Published on 22.01.2024

Learning form

text or video based

Media form

digital

Lesson duration

1–2 lessons

Other languages

German, French, Italian

Type of school

USS

LCS

Preparation of class

Easy to use

Subject area

Labor, Employment & Economy, Personal finance, State, society & economic policy

Keywords

citizens’ service, flexible retirement age, interruptions in employment, life expectancy, life phases, part-time work, pension provision, principle of pension provision, reform deadlock, retirement age, three-pillar concept, working lifetime

Overview

This unit deals with the challenges facing the Swiss pension provision system and possible solutions.

A factsheet presents the basics.
Students work through the material in a set of practical tasks

Learning objectives

Students can …

explain the three pillar concept and in particular the difference between fully-funded and pay-as-you-go systems;
describe the flows of income and expenditure in the OASI and occupational pension systems;
summarise the challenges faced by the OASI and occupational pension systems;
on the basis of the challenges faced by the OASI and occupational pension systems deduce the possible solutions and critically question them;
compare and roughly assess alternative models for pension provision.

Didactics

Didactic notes
Notes on the didactic approach and recommended teaching scenario.

Factsheet

The future of retirement provision
Factsheet containing information on the challenges faced by the Swiss retirement provision system and possible solutions.

Worksheet

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Worksheet Exercises for the students to work through the knowledge acquired with the factsheet.	Create your own version Download
Sample answers Worksheet	Download

Additional information

The three-pillar system: a simple explanation

AXA Switzerland. The article explains the structure of the three-pillar pension system in Switzerland.

www.axa.ch

Retirement provision in Switzerland: The essentials at a glance

Credit Suisse (20.10.2023). The article addresses question regarding AHV, pension funds, and the third pillar and how retirement provision in Switzerland could look like in the future.

www.credit-suisse.com

How to guarantee the pensions of the next generation

Swissinfo (25.11.2022). The article explains the problem of the pension system in Switzerland and outlines why the direct democracy is an additional hurdle.

www.swissinfo.ch

Credits – The future of pension provision

Concept:
Iconomix

Subject matter consultants:
Professor Christoph A. Schaltegger and Dr Melanie Häner, Institute for Swiss Economic Policy (IWP) at the University of Lucerne

Didactic consultant:
Dr Daniel Schmuki, Swiss Federal University for Vocational Education and Training SFUVET

Graphics:
clearbrand gmbh, Zurich

Translation & proofreading:
SNB Language Services